Blue Sky Laws Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Blue Sky Laws, written in plain English, along with examples of how it is used.
What is Blue Sky Laws?
(n) Blue Sky Laws are the Law which control or otherwise regulate corporate entities from collecting investment from public as capital of such companies without having substance or means to safeguard the public money. Eg. Securities and exchange control board sanction is required while advertising issue of shares or stock to the public